Question:
Match the following committees with their mandates in List I and List II:\[\begin{array}{|c|c|} \hline \textbf{List I: Committees} & \textbf{List II: Mandates} \\ \hline \text{(A) Malhotra Committee} & \text{(IV) Insurance Sector Reforms} \\ \hline \text{(B) Narsimham Committee} & \text{(III) Financial Sector Reforms} \\ \hline \text{(C) Vaghul Committee} & \text{(I) NBFC Reforms} \\ \hline \text{(D) Shah Committee} & \text{(II) Money Market Reforms} \\ \hline \end{array}\]
Match the following committees with their mandates in List I and List II:\[\begin{array}{|c|c|} \hline \textbf{List I: Committees} & \textbf{List II: Mandates} \\ \hline \text{(A) Malhotra Committee} & \text{(IV) Insurance Sector Reforms} \\ \hline \text{(B) Narsimham Committee} & \text{(III) Financial Sector Reforms} \\ \hline \text{(C) Vaghul Committee} & \text{(I) NBFC Reforms} \\ \hline \text{(D) Shah Committee} & \text{(II) Money Market Reforms} \\ \hline \end{array}\]
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Committee reforms often focus on a specific sector; always memorize key committee mandates.
Updated On: Sep 18, 2025
- (A) (I), (B) (II), (C) (III), (D) (IV)
- (A) (IV), (B) (III), (C) (II), (D) (I)
- (A) (I), (B) (II), (C) (IV), (D) (III)
- (A) (III), (B) (IV), (C) (I), (D) (II)
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The Correct Option is B
Solution and Explanation
Step 1: Identify correct committees and mandates.
- Malhotra Committee → Insurance Sector Reforms
- Narsimham Committee → Financial Sector Reforms
- Vaghul Committee → NBFC Reforms
- Shah Committee → Money Market Reforms
Step 2: Match with options.
- Option 2 correctly aligns all committees with their mandates.
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